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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
Japanese firm plucks banker from UBS
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
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Despite August being the quietest period historically for people moves, some big names are still jumping ship and picking up positions at rival banks.
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Sean Cai, executive director, global equities structuring at UBS in Hong Kong, has moved to HSBC.
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The Futures Industry Association has hired Dawn Stump, v.p. of government affairs from NYSE Euronext, for a new slot as senior v.p. and head of government affairs.
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The Chicago Board Options Exchange will launch CBOE S&P 500 Range Options on Aug. 28.
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Earnings by global investment banks fell below 2011 levels in the first six months of the year, thanks largely to a sharp decline in revenue from equities, according to Coalition.
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Interdealer-brokers are under pressure to consolidate as trading volumes have steadily declined since 2008 and regulators push for more electronic trading of derivatives, which would cut brokers’ higher-margin phone business.